6. Avoid Recurring Bills

Than using automatic billing, you can ask your merchant to give you on-spot bills for the purchases you make. However, you might have noticed a bill that is more than your actual prices.  People witness this when they make payments from their credit card that can be weekly, monthly or annual billings.

Merchants who are less honest tend to use automatic billing thinking that you will forget and won't check your credit card statement. So beware of such people and in case you feel that your vendor is cheating on you, better use cash in place of credit card.   

7. Purchases On Smart Phones

These days’ people hardly rely on computer and laptops to use internet. After the advancement in mobile phone technology, internet is just a touch away. Using smartphones to make credit card transactions or any other online bank transaction through a public connection is risky.

Infact, someone else can see your transactions or malware can be placed on your smartphone that has the capability to extract your personal information while you make a transaction.

Also Read:

Are You Opting To Lower Home Loan Rate? A Quick Guide To Follow

5 Personal Finance Myths Which Can Make You Loose Money